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Silver Price Finds Support at Its Simple Moving Average – Analysis – 15-05-2026
Silver price slipped lower during recent intraday trading as the market searched for a new higher low that could serve as a base for regaining positive momentum and resuming recovery. The price has now reached support at EMA50, which represents a key technical support level that may help the metal stabilize and rebound, especially as the main short-term bullish trend remains intact.
Meanwhile, relative strength indicators have reached heavily oversold levels compared to price movement, suggesting the formation of a positive divergence that could support recovery prospects in the coming period, particularly if buying momentum gradually returns and current support levels hold firm.
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Gold Price Faces Increasing Selling Pressure – Analysis – 15-05-2026
Gold price declined during recent intraday trading, confirming a break below a minor upward trend line in the short term. This technical signal reflects rising selling pressure and weakening positive momentum that had previously supported price movements. The decline also came alongside a break below the 50-period simple moving average, increasing negative pressure on gold and strengthening the chances of further losses in the near term.
MoreEURUSD Price Breaks Our Target – Analysis – 15-05-2026
The EURUSD extended its strong losses in recent intraday trading after breaking below the 1.1675 support level, which we had previously identified as a target in earlier analyses. This reflects growing selling pressure and continues weak technical performance in the short term.
MoreEvening update for Bitcoin -14-05-2026
Bitcoin (BTCUSD) witnessed sharp gains during its recent intraday trading sessions, to reach $82,000 key resistance, and recover its positive momentum and moves alongside supportive main bullish trend for this path, surpassing the negative pressure in the EMA50, to recover in the near upcoming period, especially with the emergence of the positive signals on the relative strength indicators.
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